Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/equity premia

Selling equity in your house

…real estate indexed bonds. Good idea. Not profitable. One financial innovation which caused trouble is the home equity loan. This enabled people to risk foreclosure. It contributed to the current…

The Equity Premium

…lower. That number strikes me as plausibly large enough to raise treasury yields and increase equity prices so much that the equity premium could be significantly diminished. Doesn’t it? Kash…